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BEIJING - China's market-oriented lending interest rate reform has taken effect, as the new loan prime rate (LPR), a newly reformed benchmark revealing real borrowing cost, edged down, which will strengthen credit support for the real economy.

BEIJING - China's real estate financing has seen great expansion last month, while pressure still exists in the second half of this year, analysts said.

BEIJING - Chinese e-commerce giant Alibaba has decided to use AI technology to help China boost its pig-husbandry industry, which has long been plagued with poor efficiency and high labor costs.

BEIJING - China's consumer price index (CPI), a main gauge of inflation, is expected to grow 1.8 percent in 2018, according to the country's top economic planner.

BEIJING - Last week, Chinese bike-sharing giant Mobike announced the launch of its service in London, while its rival Ofo made similar moves in Thailand and Malaysia and on Wednesday said it would enter Japan, the latest in a series of overseas markets by the duo since the start of this year.